Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
New York Waits to See If Bill to Expand Wrongful Death Damages Becomes Law
Jul 7 2022 // As New York Gov. Kathy Hochul mulls whether to sign legislation that will expand the types of damages that could be won in wrongful deaths cases, businesses including insurers are warning the change could mean higher...
Massachusetts High Court Rules Attorney’s Fees Are Not Part of Insured Damages
Jul 7 2022 // The Massachusetts Supreme Judicial Court has ruled that attorney’s fees from a consumer protection lawsuit are not covered as part of bodily injury damages under a business liability policy, reversing a lower court...
Declarations
Jul 4 2022 // Can’t Stop the Blizzards “Dairy Queen introduced no evidence of an actual association between the two products. … If association were to occur, in all likelihood, it would have occurred by...
Quantum Computing, Lower Construction Quality, Legal Tech Seen as Emerging Risks: Swiss Re
Jul 4 2022 // The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers...
Agents: Fourth of July Brings Risks & Claims
Jul 1 2022 // It has been a few years. Policyholders may have forgotten about that last barbeque mishap in their backyard. Maybe the memory has gotten hazy about that one time their college roommate drove home when they should not have....
Gunmakers Face New Legal Threat From Families of Mass Shooting Victims
Jun 30 2022 // Families of children and teachers killed in last month’s Texas school massacre face a formidable legal battle if they decide to sue the gun maker whose AR-15 semiautomatic rifle was used in the attack. That...
Rochester Diocese, Insurers Plan for January Hearing on $147M Sexual Abuse Settlement
Jun 30 2022 // Insurers and the Roman Catholic Diocese of Rochester have agreed on a schedule for discovery and a bankruptcy court trial regarding a proposed $147 million settlement to cover sex abuse claims against the church. The...
U.S. Power Companies Face Supply-Chain Crisis This Summer
Jun 29 2022 // U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events such as storms,...
Emerging Risks: Quantum Computing, Lower Construction Quality, Legal Tech etc.
Jun 24 2022 // The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers...
People Moves: MMC Names Jones, Hageman to Senior Posts; Lockton Welcomes Marsh’s Millett for Innovation; Applied Financial Builds Cyber Risk Team
Jun 24 2022 // Marsh McLennan Creates New Senior Leadership Positions Marsh McLennan announced the appointment of John Jones as chief marketing and communications officer and Pat Hagemann as chief of staff to the chief operating...
How a Bankruptcy ‘Innovation’ Halted Thousands of Lawsuits from Sick Plaintiffs
Jun 24 2022 // Attorney Greg Gordon sat before a packed hotel ballroom of bankruptcy lawyers who had come to hear him hold court on his pioneering strategy for companies seeking to dodge billion-dollar lawsuits: the “Texas...
Alabama Counties’ Insurance Fund Not Liable for its Own Actions in Deadly Dock Fire
Jun 23 2022 // Insurers and government self-insurance pools should be breathing a sigh of relief after the Alabama Supreme Court absolved a county commissions’ fund of direct liability in a marina fire that killed eight people and...
California Bill Would Require Gunowners to Buy Liability Insurance
Jun 21 2022 // California would be the first state to require gun owners to buy liability insurance to cover the negligent or accidental use of their firearms, if lawmakers approve a measure. “Guns kill more people than cars. Yet...
Markets/Coverages: NJM Expands ProPack Into 3 States; Frederick Mutual Enhances Cyber Policy for Home, Business
Jun 21 2022 // NJM Offers ProPack Commercial Package Policy in More Mid-Atlantic States NJM Insurance Group is now writing commercial package policies in Delaware, Maryland and Pennsylvania with policy effective dates beginning August 1,...
Takeaways from Our Conversation About Next Steps for Insuring Cannabis
Jun 20 2022 // Powered by InsuranceJournal.tv Some more capacity has finally arrived with increasing interest in insuring cannabis, and cannabis insurance is well on its way to going national. Those are among the take aways from the 50th...
Medical Professional Liability Insurance Market Improves but Still Unprofitable
Jun 20 2022 // The U.S. medical professional liability insurance (MPLI) market saw an improvement in financial performance in 2021 but its combined ratio remained an unprofitable 108 and a return to profitability is unlikely, said Fitch...
Nothing’s Easy in Hard-Working Contractors’ Market; Risks Include Inexperienced Workers, Inflated Costs and Inferior Materials
Jun 20 2022 // No other industry has weathered a global pandemic, economic changes, and a decade-long shortage of skilled labor better than the construction industry. Contractors have shown they are a hardy bunch, adapting to a hard...
A Different Kind of Guard: Agent Follows NFL Offseason With Eye on Protecting Players
Jun 20 2022 // Like millions of Americans, Timothy Radcliff was glued to the NFL Draft in late April. Radcliff’s interest in the draft wasn’t predicated on which quarterback went off the board first or whether the Pittsburgh...
Massachusetts High Court Nixes Gig Worker Ballot Measure Sought by Uber, Lyft
Jun 15 2022 // Transportation and delivery network companies including Uber, Lyft, DoorDash and Instacart have been dealt a setback in Massachusetts as the state’s high court has rejected their ballot proposals that sought to both...
Financial Firms to SEC Over Proposal to Regulate SPACs: ‘Don’t Kill the Industry’
Jun 15 2022 // U.S. financial industry groups are pushing to water down a draft Securities and Exchange Commission (SEC) rule aimed at reining-in special purpose acquisition companies or SPACs, arguing it could kill the industry. The...
